earnings
confidence high
sentiment negative
materiality 0.80
Freddie Mac Q2 net income $2.4B, down 14% YoY; credit loss provision rises to $0.8B
FEDERAL HOME LOAN MORTGAGE CORP
2025-Q2 EPS reported
-$0.02
- Net income $2.4B, down 14% YoY; net revenues $5.9B, down 1% YoY.
- Provision for credit losses $0.8B, up from $0.4B YoY, driven by lower home price expectations.
- Single-Family net income $2.1B (-8% YoY); Multifamily net income $0.3B (-39% YoY).
- Mortgage portfolio $3.6T (+2% YoY); serious delinquency rate 0.55% (up from 0.50% YoY).
- New business activity $94B (up from $85B); financed 363,000 homes/units.